Quartz·1 min read·easy
Under Armour is slashing its full-year revenue outlook as its turnaround stalls
✦AI Summary
Athletic apparel company Under Armour has lowered its full-year revenue forecast, citing a stalling turnaround strategy. The company now expects a mid-single-digit decline in revenue for the year.
The athletic apparel company now expects full-year revenue to fall at a mid-single-digit rate, compared with its prior forecast of a slight decline
businesseconomy
✦
Get the full story
Sign up for Headlinne to unlock AI insights, political bias analysis, and your personalized news feed.
Create free accountAlready have an account? Sign in